Il documento "Diners and icbc agreement announcement" dell'evento CARTE 2012. Conference&Expo su carte e pagamenti innovativi. Roma, Palazzo dei Congressi 15 e 16 novembre 2012 Maggiori informazioni: http://www.abieventi.it/eventi/1633/carte-2012

1. Discover Press Release | Discover Financial Services Page 1 of 2
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Press Release
Diners Club International® Ltd. and Industrial and Commercial Bank of China Ink New Franchise
Agreement
RIVERWOODS, Ill. & BEIJING--(BUSINESS WIRE)--Aug. 9, 2012-- Diners Club International® Ltd., a
business unit of Discover Financial Services (NYSE: DFS), and Industrial and Commercial Bank of China
(ICBC), the largest credit card issuer in China, today announced plans to bring a new Diners Club
International franchise to the Asia Pacific region.
As part of the agreement, ICBC will operate as the first full franchise in China and is responsible for both the
Diners Club brand and business in issuing and acquiring. In terms of total assets, ICBC is one of the largest
banks in the world.
“As the world’s largest card market with 3.1 billion cards in circulation, China is critically important to us as
we continue to expand our global footprint,” said Diane Offereins, EVP and President of Payment Services
at Discover Financial Services. “ICBC’s well-respected brand, successful banking operations and significant
influence in China make them an attractive partner for us, and we believe their customers will benefit from
the international network and services that Diners Club provides.”
As a globally-recognized brand, Diners Club International is accepted in more than 185 countries and
territories, in millions of merchant locations and in more than 845,000 ATMs and cash access locations all
over the world. The company offers best-in-class features and benefits and a network of unique customer
and merchant services.
“The mission of ICBC has always been to provide excellent services to our customers and the launch of
Diners Club cards will further enhance and optimize the product offerings of ICBC, meet the individual needs
of customers, and provide more diverse scope of services to the cardholders,” said Mr. Li Xiaopeng,
Executive Director, Vice President of Industrial and Commercial Bank of China. “The signing of our
partnership agreement will bring mutual benefits and a win-win opportunity to both Industrial and
Commercial Bank of China and Diners Club International, and will effectively enhance and elevate the
market influence of both brands.”
This announcement comes on the heels of the U.S.-China Foundation for International Exchanges’ recent
presentation of the prestigious Marco Polo Award to David Nelms, Chairman and CEO of Discover. The
award recognizes the most visionary corporate friends of China and is the highest honor given to a foreign
business leader.
About Diners Club International
Diners Club International is owned by Discover Financial Services (NYSE: DFS), a direct banking and
payment services company with one of the most recognized brands in U.S. financial services. Established in
1950, Diners Club International became the first multi-purpose charge card in the world, launching a
financial revolution in how consumers and companies pay for products and services. Today, Diners Club is a
globally recognized brand serving the payment needs of select and affluent consumers as well as providing
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2. Discover Press Release | Discover Financial Services Page 2 of 2
companies with payments solutions. With acceptance in more than 185 countries and territories, millions of
merchant locations and access to over 845,000 cash access locations and ATMs, Diners Club is uniquely
qualified to serve its cardmembers all over the world. For more information, visit www.dinersclub.com.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the
most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one
of the largest card issuers in the United States. The company operates the Discover card, America's cash
rewards pioneer, and offers personal and student loans, online savings accounts, certificates of deposit and
money market accounts through its Discover Bank subsidiary. Its payment businesses consist of Discover
Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit
networks; and Diners Club International, a global payments network with acceptance in more than 185
countries and territories. For more information, visit www.discoverfinancial.com.
About Industrial and Commercial Bank of China
Industrial and Commercial Bank of China is the largest commercial bank in China with 408,859 employees
under payroll at the end of 2011. ICBC provides a wide range of financial products and services to 4.11
million corporate clients and 282 million individual customers through 16,648 outlets across China, 239
overseas subsidiaries and a global network of more than 1,669 correspondent banks as well as Internet
Banking, Telephone Banking and Self-service Banking. ICBC is the largest bankcard issuer in China with
more than 400 million ICBC cards in force. In 2011, ICBC received many awards including "Best Bank in
China", "Best Retail Bank in China", "Best Commercial Bank of Asia", "Bank of the Year", "People's Award
for Social Responsibility", and "Most Welcomed Bank of the Year".
Source: Discover Financial Services
Media Contacts:
Diners Club International
Katie Henry, 224-405-4437
kathrynhenry@discover.com
or
Industrial and Commercial Bank of China Card Center
Ms. Li Ang, 86-10-6642-3869
liang@mdk.icbc.com.cn
http://investorrelations.discoverfinancial.com/phoenix.zhtml?c=204177&p=irol-pressArti... 10/31/2012